wpc at clyder.gn.apc.org
Tue Aug 29 09:52:02 MDT 1995
I find Goodwins arguments as summarised by Rakesh rather implausible.
What distinguishes automation from what Marx, using the then current
engineering terminology 'self-acting' machinery: only the dignity
of classical rather than germanic etymology.
Automation has been a constant of capitalist development, and
the Marxian analysis is built around this from Capital onwards.
Are Goodwins measures of growth in real terms or in value terms?
This makes all the difference.
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